The 4/30/22 Weekend Report Preview

Dollar

The dollar formed a swing swing high on Friday.

Friday was day 21 for the daily dollar cycle, placing the dollar in the early part of its timing band for a DCL. The dollar has become quite stretched above the 10 day MA. If the dollar delivers any bearish follow through to Friday’s swing high that could send the dollar to seek out its DCL.  The dollar is in a daily uptrend.  The dollar will remain in its daily uptrend unless it closes back below the lower daily cycle band. 

Stocks

Stocks formed a swing low on Thursday then negated that swing low on Friday.

Stocks printed their lowest point on Friday, day 45, placing them deep in their timing band for a DCL. So we are still waiting on a swing low and close above the 10 day MA to signal a the DCL.  Stocks are in a daily downtrend and will remain so unless they close back above the upper daily cycle band.  

The entire Weekend Report can be found at Likesmoney Subscription Services

The Weekend Report discusses Dollar, Stocks, Gold, Miners, Oil, & Bonds in terms of daily, weekly and yearly cycles.
Also included in the Weekend Report is the Likesmoney CycleTracker

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The 4/23/22 Weekend Report Preview

Dollar

The dollar formed a swing low on Friday.

The dollar is in a daily uptrend. Forming a swing low above the upper daily cycle band indicates a continuation of the daily uptrend and triggers a cycle band buy signal.   

Stocks

Stocks were rejected by the 200 day MA on Thursday to signal a continuation of its daily cycle decline.

Stocks printed their lowest point on Friday, day 40, placing stocks deep in their timing band for a DCL. After the 2.77% drop on Friday, stocks would benefit from a narrow range lower low which would ease the parameters for forming a swing low. A swing low and recovery of the 10 day MA will signal the new daily cycle. Stocks are currently in a daily downtrend. Stocks will remain in their daily downtrend unless they close back above the upper daily cycle band.

The entire Weekend Report can be found at Likesmoney Subscription Services

The Weekend Report discusses Dollar, Stocks, Gold, Miners, Oil, & Bonds in terms of daily, weekly and yearly cycles.
Also included in the Weekend Report is the Likesmoney CycleTracker

For subscribers click here.

The 4/16/22 Weekend Report Preview

Dollar

The rally out of the DCL caused the dollar become stretched above the 10 day MA. 

The dollar backtested the previous daily cycle high on Friday, which allowed the 10 day MA to catch up to price. The 99.50 level should now act as support. There are bearish divergences beginning to develop on the oscillators. A break below the 99.50 support level would signal the daily cycle decline. However, the dollar is currently in a daily uptrend.  If the dollar forms a swing low above the upper daily cycle band then the dollar will remain in its daily uptrend and trigger a cycle band buy signal.  

Stocks

Stocks printed their lowest point on Tuesday, then began crawling along the 50 day MA.

Tuesday was day 33 for the daily cycle, placing stocks in their timing band for a DCL. Stocks need to form a swing low and close back above the 10 day MA to signal that day 33 was the DCL. A break above 4471.00 will form a daily swing low. So while stocks recovered the 50 day MA on Wednesday, they lost the 50 day MA on Thursday. A break below the day 33 low of 4381.34 will extend the daily cycle decline.

The entire Weekend Report can be found at Likesmoney Subscription Services

The Weekend Report discusses Dollar, Stocks, Gold, Miners, Oil, & Bonds in terms of daily, weekly and yearly cycles.
Also included in the Weekend Report is the Likesmoney CycleTracker

For subscribers click here.

The 3/26/22 Weekend Report Preview

Dollar

The dollar printed its lowest point on day 23, placing the dollar in the early part of its timing band for a DCL.

A break above the declining trend line will have us label day 23 as the DCL. The dollar is currently in a daily uptrend. A close back above the declining trend line will signal a continuation of the daily uptrend and trigger a daily cycle band buy signal.

tocks

Stocks recovered the 200 day MA on Tuesday then went on to print a new daily cycle high on Friday.

Friday was day 21 for the daily cycle. The new high on day 21 shifts the odds toward a right translated daily cycle formation. That aligns with stocks being in a daily uptrend. Stocks will remain in their daily uptrend unless they close below the lower daily cycle band.

The entire Weekend Report can be found at Likesmoney Subscription Services

The Weekend Report discusses Dollar, Stocks, Gold, Miners, Oil, & Bonds in terms of daily, weekly and yearly cycles.
Also included in the Weekend Report is the Likesmoney CycleTracker

For subscribers click here.

The 3/12/22 Weekend Report Preview

Dollar

The dollar formed a swing high on Wednesday then formed a swing low on Friday.

Friday was day 24 which places the dollar in the early part of its timing band for a DCL.  The dollar has begun to consolidate above the 98 level. A bearish break out of consolidation would signal the daily cycle decline. The dollar is currently in a daily uptrend.  The dollar will continue in its daily uptrend unless it closes below the lower daily cycle band. 

Stocks

The status of the daily cycle is not clear.

Stocks still need to break bullishly above the 10 day MA and turn it higher to confirm day 22 as the DCL.   However stocks being in a daily downtrend and contained by the declining 10 day MA makes it more likely that Friday was day 39.  A break below the day 22 low of 4114.65 will extend the daily cycle decline.

The entire Weekend Report can be found at Likesmoney Subscription Services

The Weekend Report discusses Dollar, Stocks, Gold, Miners, Oil, & Bonds in terms of daily, weekly and yearly cycles.
Also included in the Weekend Report is the Likesmoney CycleTracker

For subscribers click here.

The 3/05/22 Weekend Report Preview

The Dollar

The dollar printed a bearish reversal on Wednesday. The dollar broke above Wednesday’s high on Thursday and delivered bullish follow through on Friday to negate the bearish reversal.

The dollar is now stretched above the 10 day MA. A new high on day 19 locks in a right translated daily cycle formation, which aligns with the dollar being in a daily uptrend.  The dollar will continue in its daily uptrend unless it closes below the lower daily cycle band. 

Stocks

Stocks closed below the declining 10 day MA on Friday.

After forming a swing low, Stocks have been crawling along the declining 10 day MA. Stocks will need to break bullishly above the 10 day MA and turn it higher to confirm day 22 as the DCL. However, stocks formed a swing high on Friday. Stocks are currently in a daily downtrend. Forming a swing high below the upper daily cycle band indicates a continuation of the daily downtrend and triggers a cycle band sell signal.

The entire Weekend Report can be found at Likesmoney Subscription Services

The Weekend Report discusses Dollar, Stocks, Gold, Miners, Oil, & Bonds in terms of daily, weekly and yearly cycles.
Also included in the Weekend Report is the Likesmoney CycleTracker

For subscribers click here.

The 2/26/22 Weekend Report Preview

The Dollar

The dollar broke above the day 6 high on Thursday.

Thursday was day 13 for the daily dollar cycle. The new high on day 13 shifts the odds towards a right translated daily cycle formation. The dollar closed above the upper daily cycle band on Thursday. Closing back above the upper daily cycle band ends the daily downtrend and begins a new daily uptrend.

Stocks

Stocks formed a bullish reversal on Thursday that regained its breakdown level.

Stocks delivered bullish follow through by forming a swing low and closing above the 10 day MA on Friday to indicate that day 22 was an early DCL. Stocks will still need to break above both the 200 day MA and the 50 day MA before a trending move can develop. Stocks beginning a new daily cycle has implications for the intermediate and yearly cycles — which I breakdown in the Weekend Report.

The entire Weekend Report can be found at Likesmoney Subscription Services

The Weekend Report discusses Dollar, Stocks, Gold, Miners, Oil, & Bonds in terms of daily, weekly and yearly cycles.
Also included in the Weekend Report is the Likesmoney CycleTracker

For subscribers click here.

The 2/12/22 Weekend Report Preview

The Dollar

The dollar printed its lowest point on day 14.

The dollar formed a swing low on Tuesday. It delivered bullish follow through by closing above both the 10 day MA and the 50 day MA on Friday to signal that day 14 was the DCL. The dollar is currently in a daily downtrend. The dollar will remain in its daily downtrend unless it closes back above the upper daily cycle band.

Stocks

Stocks lost the 10 day MA on Thursday and then lost the 200 day MA on Friday.

With a peak on day 7, losing the 200 day MA on Friday sets stocks up for a left translated daily cycle formation and a continuation of the intermediate cycle decline. Stocks are currently in a daily downtrend. They will remain in their daily downtrend unless they close back above the upper daily cycle band.  

The entire Weekend Report can be found at Likesmoney Subscription Services

The Weekend Report discusses Dollar, Stocks, Gold, Miners, Oil, & Bonds in terms of daily, weekly and yearly cycles.
Also included in the Weekend Report is the Likesmoney CycleTracker

For subscribers click here.

Currency Battle

Both the Euro and the dollar are fighting to go lower.

The dollar is overdue for its yearly cycle decline. A break below the 94.50 level would create a lower low, indicating a failed daily cycle and potentially sending the dollar into its overdue yearly cycle decline.

The Euro is overdue to begin its yearly cycle advance. A break above the 1.15 level will create a higher high, signaling the start of the Euro’s yearly cycle advance. The Euro is currently forming a bearish reversal just below the 1.15 level.

If the Euro succeeds in reversing and regaining control of the currency market, that will the dollar higher — stretching out the dollar’s yearly cycle.

The 1/08/22 Weekend Report Preview

The Dollar

The dollar printed its lowest point on day 22, which is a bit early for a DCL.

While the dollar formed a swing low and closed above the 10 day MA on Monday, it did not deliver any bullish follow through. Then the dollar lost the 10 day MA on Friday to signal a continuation of the daily cycle decline. A break below the previous DCL of 95.54 will form a failed daily cycle. he dollar currently is in a daily uptrend.  The dollar will remain in its daily uptrend unless it closes below the lower daily cycle band. 

Stocks

Stocks have been consolidating below the 4800 resistance level until Wednesday.

Stocks printed a huge bearish candle on Wednesday to signal the daily cycle decline. Stocks printed their lowest point on Friday, day 23, which is a bit early to expect a DCL. So any bounce off the 50 day MA should be contained by the 10 day MA so stocks can complete their daily cycle decline. 

However, stocks are currently in a daily uptrend. If stocks form a swing low and close back above the 10 day MA then that would indicate a continuation of the daily uptrend and trigger a cycle band buy signal. Under this scenario, we would label day 23 as an early DCL. 

The entire Weekend Report can be found at Likesmoney Subscription Services

The Weekend Report discusses Dollar, Stocks, Gold, Miners, Oil, & Bonds in terms of daily, weekly and yearly cycles.
Also included in the Weekend Report is the Likesmoney CycleTracker

For subscribers click here.